Chartered Financial Analyst (CFA) is the perfect professional course designed for candidates who desire to get a career in investment banking. It is one of the most reputed professional courses in the finance and accounting field worldwide. If you are dreaming of getting a handsome salary package in India, pursuing the CFA course can be one of the paths towards it.
Why is CFA one of the best Finance and Accounting Courses in India?
Many candidates enquire what is CFA because of its popularity and demand in the Indian market. There are endless arguments to prove why CFA is one of the best courses in accounting and finance in India. Here is a list of a few of them.
- Practical and Ethical Training:
CFA does not only offer knowledge in accounting and investment-related areas. It also trains the candidates about other essential elements like ethical standards and practical skills. Moreover, the course offers an all-round training to make candidates according to the current market standards.
- The CFA Network:
CFA is not only about training in a course and passing the exam to get certification. The CFA body is a community of CFA members who help each other and the newly certified CFA candidates in different professional spheres of life.
- Several Financial Roles:
After getting a certification in CFA, you can fetch diverse financial roles in different areas like Fintech, Foreign Exchange, and Alternative Investments. Moreover, the big investment firms today hire CFA candidates for their skills like analysis and decision-making.
- Global Recognition:
CFA is recognized in about 165 countries worldwide, offering candidates the option to enter the international market. CFA-certified candidates can either join multinational companies established in India or step out of the country to work abroad.
What Career Opportunities CFA Offers in India?
CFA is known for its professional modules and in-depth syllabus. It is not an easy task to crack through the CFA exams because the certificate goes to the best candidates in the Finance and accounting field. CFA-certified candidates are preferred because of their in-depth knowledge of the investment sector and strategic skills. Today most companies wish to get a CFA candidate on board because of their knowledge and skills.
While you are on your hunt to know more about the CFA course classes and details in India, you should also explore the career opportunities after CFA in India. Of course, a good coaching class like Zell Education offers job assistance after course completion, it is always better to know a bit on your own. Some of the job opportunities that you can have after completing the CFA course are
- Risk Manager
- Portfolio Manager
- Research Analyst
- Investment Banking Analyst
- Corporate Financial Analyst
Many multinational companies like JP Morgan, Deutsche Bank, KPMG, and Deloitte have settled in India and are looking for candidates with professional and globally recognized degrees. So, when you pursue a CFA course, you always have the choice of joining such big brands. Not just multinational companies, but even the biggest Indian brands like Motilal Oswal and Anand Rathi look for CFA candidates.
How much does a CFA earn in India?
A CA is known to earn the most in the finance and accounting sector in India. But today a CFA offers an equivalent competition to the CA candidates. While a CFA may not start well in terms of salary but can rapidly grow and start earning even more than that of a CA.
The initial salary package of a CFA is Rs. 1 lac per annum to Rs. 3 lacs per annum depending upon several factors. For example, if you are joining a big brand and you have showcased some extraordinary skills, then the company agrees to pay you a starting salary of Rs. 3 lacs per annum even if you are a fresher.
Usually, an average salary of a CFA in India is considered between Rs. 7 lacs per annum to Rs, 9 lacs per annum. But again several factors determine the salary package and the salary can go as high as Rs. 35 lacs per annum or even more. Factors like the candidate’s experience, the company’s profile, and others help in increasing the salary package.
Conclusion
CFA is one of the best courses in finance and accounting because of its demand in the market and its professional syllabus. Pursuing a course in CFA will help you in starting a career in the portfolio and investment sector. Enrolling in a professional coaching class like Zell Education will help you crack through the difficult CFA exam efficiently.
The team at Zell are professionals and the faculties training candidates for CFA are all CFA qualified. The training consists of classroom learning, recorded sessions, doubt-clearing, and mock tests with feedback. Zell also offers job assistance and guidance for a better career after course completion.